Beacon Fasteners and Components, Inc.

$390,000 PPP Loan in Wheeling, Illinois

Loan Details

Loan Number
4909387003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$390,000
Current Approval
$390,000
Forgiveness Amount
$392,188
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Beacon Fasteners and Components, Inc.
Address
198 W. Carpenter Ave
ZIP Code
60090-6008
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (423710)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$292,500
Rent
$48,750
Utilities
$48,750

Lender Information

Servicing Lender
Barrington Bank & Trust Company, National Association
Originating Lender
Barrington Bank & Trust Company, National Association

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